The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mark Ivan who wrote (240)	8/17/2001 4:02:08 PM
From: Skeeter Bug	Read Replies (1) of 306849

mark, i can appreciate your situation to some degree. i've seen about 4 layoffs a year for the past three years and was sent packing in one of them. i recently took a pay cut to keep folks working. i can say that 3/2000 was better than now, for sure. bottom? we've been through the largest dislocation of resources in the history of the world. bubbles always end up very nasty. always. trust me when i say that things can get worse. i hope they don't. but they sure can get worse. actually, i knew disaster was coming when the naz went into bubble insanity. why? historically disasters occur 100% of the time after such incidents and this was the largest on record. that is precisely why i was trashing greenspan and the buyers of nonviable companies when tey were all drunk from alan.com's magic potion. unfortunately, there was no magic at all. tanstaafl. hope for the best, but prepare for the worst.

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